Mexico Equity And Income Fund Inc EV/EBIT
What is the EV/EBIT of Mexico Equity And Income Fund Inc?
The EV/EBIT of Mexico Equity And Income Fund Inc is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Finance sector on NYSE compared to Mexico Equity And Income Fund Inc
Companies with ev/ebit similar to Mexico Equity And Income Fund Inc
- Jaiprakash Associates has EV/EBIT of N/A
- iClick Interactive Asia Ltd has EV/EBIT of N/A
- Lykis has EV/EBIT of N/A
- Opes Acquisition has EV/EBIT of N/A
- Kayne Anderson Infrastructure Fund Inc has EV/EBIT of N/A
- va-Q-tec AG has EV/EBIT of N/A
- Mexico Equity And Income Fund Inc has EV/EBIT of N/A
- Cumulus Media has EV/EBIT of N/A
- Mercator has EV/EBIT of N/A
- Slack Technologies Inc has EV/EBIT of N/A
- Castle Biosciences has EV/EBIT of N/A
- Bespoke Capital Acquisition has EV/EBIT of N/A
- Far Peak Acquisition Corp has EV/EBIT of N/A